Active Listing  ·  46 days on market

4009 Waxahachie Rd

Leander, TX 78641
$599,990
5 Bed 4 Bath 3,365 sqft $178/sqft Built 2026 0.25 acres 2-Car Garage Pool New Construction Edgewood

Huge lot(82’ x 135’) with 3rd car garage! This stunning Bonnell-II plan is a 2 story home that features 5 bedrooms and 3.5 bathrooms with a spacious kitchen. As you enter through the tall foyer, a French door opens to a large study for those who work from home. Farther down the hall, a beautiful U-shaped kitchen, featuring a huge peninsula and an island. The gourmet kitchen opens to the dining room. From there you'll find a vaulted ceiling in the huge(20' x 18') family room. The owner's suite, with its beautiful bay window is tucked just off the family room and contains a large standing shower, with dual vanity, and huge closet. The second story has 4 spacious bedrooms, 2 large bathrooms(one with standing shower) and a bright game room. This home features an extended patio with a gas line for outdoor entertaining. Ready in October.

At $178/sqft, this home is 26% below the Leander active market average of $239/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4009 Waxahachie Rd, Leander, TX 78641

Property Details

Price $599,990
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 3,365 sqft
Lot Size 0.25 acres (10,890 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Edgewood
County Williamson
Zip Code 78641
$/sqft $178/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT238303507
List Date July 1, 2026
Elementary School Tarvin
Middle School Stiles
High School Rouse
School District ,

Luke Allen (TREC #788149) has deep knowledge of Leander and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 1, 2026 $714,990
Previous ask $674,990
Current ask $599,990
Reduced $115,000 (-16.1%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Leander

Comparable Listings Right Now

Homes currently for sale in Leander with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1348 Cypress Paul St
Parkside Peninsula
$599,900 $225 4 bd / 3 ba 2,663 sqft , 2026-03-27
4020 Fulton Dr
Edgewood
$612,990 $217 4 bd / 3 ba 2,821 sqft , 2026-07-27
821 Purmela St
Edgewood
$619,990 $223 4 bd / 4 ba 2,785 sqft , 2026-07-27
101 Canyon Lake Ln
Parkside at Mayfield Ranch
$623,500 $207 4 bd / 3 ba 3,012 sqft , 2026-07-09
1465 Cypress Paul St
Parkside Peninsula
$624,900 $244 4 bd / 4 ba 2,561 sqft , 2026-04-05

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,880/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$119,998
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,880
Principal + Interest−$3,274
Property Tax (~2.1% TX avg)−$1,050
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,694

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Leander, TX

Leander sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Apple Campus (Domain) 25 min SE
Dell Technologies HQ 20 min SE
Samsung Austin Semiconductor 30 min SE

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 4, 2026.

📞 (254) 718-2567 [email protected] More about Luke →